What is the HARP Loan Program in Iowa?

The US Government's Home Affordable Refinance Program (HARP) is a program designed to help Iowa homeowners refinance their Iowa home in situations where home value has declined and, as a result, other refinancing programs are not an option. H.A.R.P. loans are meant to help homeowners obtain a more affordable and stable mortgage.

Iowa HARP Loan Requirements

  1. Homeowners who currently owe more on their mortgage than the home’s current market value
  2. Have private mortgage insurance in Iowa
  3. Have a Fannie Mae or Freddie Mac insured loan
  4. Have wanted to refinance but were told they didn't qualify
  5. Iowa refinances of up to 95% loan-to-value
  6. Good payment history on current Iowa loan
  7. Additional requirements apply

Do refinance fees for HARP Loans in Iowa apply?

Iowa HARP loans require underwriting and a loan application process, so refinance fees will apply.

Iowa HARP Loan Lenders

Contact Home Point Financial to learn more about the Iowa HARP program and eligibility.